DPS (What does this French acronym stand for?t)

French translation: droit préférentiel de souscription (d'actions)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:DPS
Selected answer:droit préférentiel de souscription (d'actions)
Entered by: Yolanda Broad

20:47 May 21, 2004
French language (monolingual) [PRO]
Bus/Financial - Finance (general)
French term or phrase: DPS (What does this French acronym stand for?t)
This is the whole sentence where DPS occurs:

avec maintien du DPS, à
raison de 1 action nouvelle pour 6 actions anciennes, du 4 au 17/7. Les porteurs de BSA décembre 2001 qui auront exercé leurs bons avant le 14/7 exclu recevront des actions assorties au DPS à l'émission
d'actions nouvelles
Jacques Saleh
United States
Local time: 15:04
droit préférential de souscription (d'actions)
Explanation:
Since all you're asking for is the French expansion, I won't insult you with the English.
Selected response from:

Bourth (X)
Local time: 22:04
Grading comment
Both Bourth and Marc are seemingly right... But I guess my question was what the acronym stands for in French... So Kudoz to Bourth... and thanks to both...
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
5 +4droit préférential de souscription (d'actions)
Bourth (X)
5preemptive right ; subscription right
Francis MARC


Discussion entries: 2





  

Answers


18 mins   confidence: Answerer confidence 5/5 peer agreement (net): +4
droit préférential de souscription (d'actions)


Explanation:
Since all you're asking for is the French expansion, I won't insult you with the English.

Bourth (X)
Local time: 22:04
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Both Bourth and Marc are seemingly right... But I guess my question was what the acronym stands for in French... So Kudoz to Bourth... and thanks to both...

Peer comments on this answer (and responses from the answerer)
agree  Vicky Papaprodromou
8 mins

agree  François Rossi
51 mins

agree  Sophie Raimondo: It has to be préférentiel, with an e
2 hrs

agree  elysee
1 day 16 hrs
Login to enter a peer comment (or grade)

14 hrs   confidence: Answerer confidence 5/5
preemptive right ; subscription right


Explanation:
As you asked for a translation in english ;-)
Ref. Termium:
Domaine(s)
  – Commercial and Other Bodies
(Law)
  – Stock Exchange
  – Investment
Domaine(s)
  – Sociétés et organismes
commerciaux ou non (Droit)
  – Bourse
  – Investissements et placements
 
pre-emptive right Source
CORRECT, CANADA

preemptive right Source
CORRECT, N.-BRUNSWICK

subscription right Source
CORRECT

droit préférentiel de
souscription Source
CORRECT, MASC, QUÉBEC

droit de préemption Source
À ÉVITER, MASC, CANADA, N.-
BRUNSWICK

DEF – The right sometimes
granted in corporations
legislation or instruments of
incorporation that entitles
shareholders to subscribe for
their pro rata share of any
new issues of shares. Source

DEF – Droit que la loi ou les
statuts de l'entreprise
accordent, généralement aux
porteurs d'une catégorie
d'actions donnée, de
souscrire une nouvelle
émission d'actions, le plus
souvent de même catégorie,
au prorata des actions qu'ils
possèdent déjà. Source


Francis MARC
Lithuania
Local time: 23:04
Native speaker of: Native in FrenchFrench
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